WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <NAME>ST. JUDE MEDICAL INC. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 28,530 <SECURITIES> 156,006 <RECEIVABLES> 256,023 <ALLOWANCES> 12,712 <INVENTORY> 241,039 <CURRENT-ASSETS> 743,282 <PP&E> 456,688 <DEPRECIATION> 149,043 <TOTAL-ASSETS> 1,458,616 <CURRENT-LIABILITIES> 251,594 <BONDS> 57,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 9,191 <OTHER-SE> 977,831 <TOTAL-LIABILITY-AND-EQUITY> 1,458,616 <SALES> 994,396 <TOTAL-REVENUES> 994,396 <CGS> 365,717 <TOTAL-COSTS> 365,717 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 678 <INTEREST-EXPENSE> 14,374 <INCOME-PRETAX> 88,236 <INCOME-TAX> 33,530 <INCOME-CONTINUING> 54,706 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 1,566 <NET-INCOME> 53,140 <EPS-PRIMARY> 0.58 <EPS-DILUTED> 0.58